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GATESVILLE, NC 27938

Real Estate Market Report  ·  Gates County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
2
67% pending ratio
Median Price
$417,000
⇧ 33.4% vs $312,500 last year
Average Price
$417,000
⇧ 33.4% vs $312,500 last year
Days on Market
3
⇩ 96.5% vs 86 days last year

Market Context

Population: 1,764  ·  Density: 13.3/mi²  ·  Median household income: $58,281

Typical home value: $0  ·  Homeownership: 88.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GATESVILLE, NC real estate market (27938) currently shows 3 active listings, with 2 pending sales. Homes are averaging 3 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 3 days on market compared to 86 days last year.

The median listing price has risen 33.4% year-over-year, from $312,500 to $417,000.

Whether you are buying or selling in GATESVILLE, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 3 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $417,000 (+33.4% YoY)
  • Average: $417,000 (+33.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.0 miles — 186 listings ($88,342,369 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27938Gatesville, NC 279380.0 mi3$1,251,000$417,000$417,000
27942Harrellsville, NC 279427.1 mi3$645,000$215,000$215,000
27935Eure, NC 279358.6 mi1$265,000$265,000$265,000
27979Sunbury, NC 279799.4 mi5$994,750$198,950$198,950
27926Corapeake, NC 2792611.1 mi2$950,000$475,000$475,000
27919Belvidere, NC 2791912.9 mi2$1,379,800$689,900$689,900
27924Colerain, NC 2792415.8 mi2$299,990$149,995$149,995
27985Winfall, NC 2798517.8 mi3$1,087,899$399,000$362,633
27818Como, NC 2781818.5 mi2$322,000$161,000$161,000
27932Edenton, NC 2793220.6 mi69$40,155,930$409,000$581,970
27944Hertford, NC 2794422.0 mi87$39,413,175$389,900$453,025
27957Merry Hill, NC 2795722.8 mi3$1,077,825$359,275$359,275
27805Aulander, NC 2780524.0 mi4$500,000$125,000$125,000

Frequently Asked Questions

How many homes are for sale in GATESVILLE, NC 27938?

As of January 2026, there are 3 active listings in GATESVILLE, NC (zip code 27938), compared to 2 the prior year.

What is the median home price in GATESVILLE, NC 27938?

The median listing price in GATESVILLE, NC 27938 is $417,000 as of January 2026, a 33.4% increase from $312,500 the prior year.

How long do homes stay on the market in GATESVILLE, NC?

Homes in GATESVILLE, NC 27938 spend an average of 3 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in GATESVILLE, NC 27938?

Based on current inventory and days-on-market data as of January 2026, GATESVILLE, NC 27938 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 3 days on market compared to 86 days last year.

How much can I save on real estate commission in GATESVILLE, NC?

With SELL123.com's maximum 3% commission, sellers in GATESVILLE, NC 27938 save an estimated $8,340 compared to a typical 5% commission on the median listing price of $417,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.